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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1400 Myrtle Ave Danville, VA 24540-3106
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-1672617
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1910
Total area
1,275 SF
Lot
0.05 ac (2,178 SF)
Zoning code
NEIGHBORHOOD RETAIL COMME
APN
3302
UPID
US87-1672617
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tommy Experience LLC · 2 yrs held
Tommy Experience LLC
since 2024
Last sale
$22,500
7 recorded transactions
Zoning & alternative use
NEIGHBORHOOD RETAIL COMME · Danville, VA
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$199
Tax year 2021
Assessed value
$23,400
Assessed 2023
Previous assessed
$23,400
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$600
Assessed improvement
$22,800
Land market value
$600
Improvement market value
$22,800
Total market value
$23,400
Applied tax rate
5,101,110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1910
Heating
SPACE
Stories
1
Units
30
Total area
1,275 SF
Lot
0.05 ac (2,178 SF)
Zoning code
NEIGHBORHOOD RETAIL COMME
APN
3302
UPID
US87-1672617
Jurisdiction
DANVILLE CITY
Zoning & alternative use
NEIGHBORHOOD RETAIL COMME · Danville, VAZoning NEIGHBORHOOD RETAIL COMME · permitted uses
NEIGHBORHOOD RETAIL COMME · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDC April 2026
Building & site characteristics
From public records
Year built
1910
Heating
SPACE
Stories
1
Units
30
Lot
0.05 ac
Current owner
From public records · entity-resolved
Tommy Experience LLC
Entity
Free & Clear · 2 yrs held
Mailing address
221 BCH 80TH ST APT 6H, ROCKAWAY BEACH, NY 11693-2006
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2024
$22,500
Tommy Experience LLC
Gamil Mohamed Asker Aldahabi
Warranty Deed
—
Feb 22, 2019
—
Gamil M Asker Aldahabi
Abdullah Al Yamani Ahmed
Gift Deed
related
—
Feb 27, 2018
$12,600
Abdullah Al Yamani Ahmd
Amir Alam
Warranty Deed
—
Jan 31, 2018
—
Amir Alam
Alam Muhammad
Intrafamily Transfer
related
—
Mar 15, 2016
$60,000
Alam Muhammad
Amir Alam
Warranty Deed
—
Dec 10, 2015
$15,000
Amir Alam
Ghafoor Qaiser
Warranty Deed
—
Oct 29, 2013
$12,000
Ghafoor Qaiser
Sarwat Ata
Special Warranty Deed
—
Apr 8, 2013
$4,000
Sarwat Ata
Elizabeth W Grant
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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